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Mr Bailey added: "It is a site I have always admired, I think the architecture is fantastic, it is just a very impressive building. I even remember it being built back in the 90s.

"The area is fantastic, it is right next to the centre. [Regenerating it] is a massive positive thing.

"As a company we do lots of big residential developments but not many in Nottingham so to be working back near where I was born means a lot to me."

The company he set up has now grown and Mr Bailey has run projects building almost 200 homes in Derbyshire and West Yorkshire, adding: "It is not a massive site for me but it has a lot of sentimental value."

Work is set to start on the building later this year, subject to planning approval, and is due to be complete by the end of 2019.

The station is a substantial purpose-built facility of 27,410 sq ft on a site of 1.66 acres, which ALB have exchanged contracts for an undisclosed seven-figure sum.

"This will bring in a very useful capital receipt to add to the revenue savings arising from sharing the new premises with EMAS. All of this helps us to support frontline policing which is our priority.”